Larry Ellison

It may be called "Billionaires' Beach," but the pristine views along one of Malibu's most exclusive coastlines are now easily accessible to anyone. After a decadeslong legal fight that pitted public-access advocates against a wealthy homeowner who refused to build a path, the California Coastal Commission is officially opening a third walkway along the 1.5-mile Carbon Beach on Tuesday. "It's an amazing stretch of coast that should be open to everyone," said Charles Lester, the commission's executive director. Carbon Beach is renowned for its majestic shoreline and high net-worth celebrities and homeowners. Heavy-hitters include Larry Ellison, former...

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Racing to sell the Clippers before being stripped of ownership by the NBA, co-owner Shelly Sterling received at least three preliminary offers for the team that could reach up to a record $2 billion, according to three people familiar with the process.
...

An initial round of bidding for the Los Angeles Clippers closed Wednesday with at least three potential buyers making offers and predicting that the winner will pay well over $1 billion, according to three people involved in the sale.
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Los Angeles Clippers co-owner Shelly Sterling is mounting a hurried sale of the team that her husband, Donald, bought 33 years ago and could name a prospective new owner by the end of the week, according to people familiar with the situation.
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Los Angeles Clippers co-owner Shelly Sterling is mounting a hurried sale of the team she and her husband have owned for 33 years and could name a prospective new owner of the NBA franchise by the end of the week, a person familiar with the situation said....

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We've all been there, right?
You've just bought your first Hawaiian island. Your own little slice of paradise.
But now what do you do with it?
Larry Ellison, billionaire, yacht racer, chief executive of Oracle Corp., has been grappling with...

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...

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No man is an island, but Larry Ellison comes close.
Last year, Ellison bought 98 percent of Lanai for more than $500 million. Despite a wispy beard and penchant for black outfits that make him look like a devil, he's mostly being hailed as a white...

I'll state right away that Hawaii is one of my favorite places. I'm pretty much over the Caribbean, and although the Maldives and Fiji have beautiful beaches, getting there is expensive and time-consuming. So when it comes time for balmy weather, surf,...

Some people are happy collecting fast cars or nice watches. But the ultimate vanity purchase may be the private island.
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